British Columbia Basic Security Training Practice Exam

Which elements are vital for a risk assessment in security?

1. Identifying potential risks and evaluating their likelihood and impact

2. Conducting surveys among employees only

3. Implementing security technology without analysis

4. Ignoring historical incidents to save time

The correct answer is: Identifying potential risks and evaluating their likelihood and impact

The correct choice focuses on the essential components of a comprehensive risk assessment in security. Identifying potential risks is fundamental, as it allows security professionals to understand what threats exist within a given environment. This involves recognizing various types of risks, such as physical threats, cyber risks, and other vulnerabilities that could compromise safety or security. Evaluating the likelihood and impact of these risks further develops this understanding. By assessing how probable it is for each risk to occur and what potential consequences it could have if it did, security professionals can prioritize their responses and allocate resources appropriately. This systematic approach ensures that the most significant risks are addressed first, which is crucial in developing an effective security strategy. Other options fail to encompass the comprehensive nature of risk assessment. For instance, conducting surveys solely among employees would not cover all potential risks or perspectives within a security assessment. Implementing security technology without prior analysis does not ensure the solution addresses the actual risks present. Ignoring historical incidents can lead to repeating past mistakes and can miss critical insights that shape a more robust security framework.